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Opinions On This Elusive Key Date

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Ballyhoo's Avatar
United States
1613 Posts
 Posted 12/13/2021  8:39 pm Show Profile   Bookmark this topic Add Ballyhoo to your friends list Get a Link to this Message Number of Subscribers
I have been working on the extremely difficult task of completing a Seated Liberty dime series by date and mint mark for several years. This example of the rare and hard to come by 1874 cc popped up and I'd like some serious opinions. Is the damage that bad to not make an offer of $$6500? Having starred at it over the last week I'm leaning towards making the move since, again, these do not show up very often and when they do, no where close to that price even in a nice good. What I have thus far in this series are similar in grade/appearance- minus the damage. Only a few are cleaned, but not harshly or to the point of being unattractive. So this is why I'm asking if you would make an offer with those things in mind. Or what you think in general. Thanks in advance.

https://www.ebay.com/itm/224736342565
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T-BOP's Avatar
United States
18456 Posts
 Posted 12/13/2021  8:56 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
How many were minted ?
Bedrock of the Community
United States
10284 Posts
 Posted 12/13/2021  8:59 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
10,817 4th lowest

Personally, I don't find it an attractive coin but I understand wanting to have a complete set. I would absolutely pass. If you're going to have an important coin you have to shoot higher in grade and probably money.
Anyone that can pay near that much for it could probably afford twice that much for 4 times the pleasure of owning a nicer coin.
Edited by TNG
12/13/2021 9:07 pm
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Classic Coins's Avatar
United States
940 Posts
 Posted 12/13/2021  9:14 pm  Show Profile   Bookmark this reply Add Classic Coins to your friends list Get a Link to this Reply
If I bought that coin, buyer's remorse would set in eventually, and I'd rather be missing the date.
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T-BOP's Avatar
United States
18456 Posts
 Posted 12/13/2021  9:25 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
It's a nice low mintage but I wouldn't buy it for just a hole filler .
Edited by T-BOP
12/13/2021 9:26 pm
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ijn1944's Avatar
United States
19126 Posts
 Posted 12/13/2021  9:36 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Yes, understand it's a tough decision. I'd walk away.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/13/2021  9:45 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I would never buy a details coin to finish a set that I've worked so hard on to complete. Never.
Edited by Coinfrog
12/13/2021 9:55 pm
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macmercury's Avatar
United States
5823 Posts
 Posted 12/13/2021  10:04 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Would it been a $15K coin if it wasn't for the damage, but as other said. Pass!
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jacrispies's Avatar
United States
3848 Posts
 Posted 12/13/2021  11:02 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
I would say go with your gut.

Quote:
I'm leaning towards making the move

Then yes!

It also depends on your goals. Are you trying to make as much money as possible in the long run? Are you putting together a "good enough" set? Or maybe do you just collect what you love and enjoy the hobby?
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 12/14/2021  12:40 am  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Pass! A VG Straight is better than a VF with (pretty bad) damage.
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United States
20753 Posts
 Posted 12/14/2021  08:13 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I too am trying to complete that set. However, I'd rather have empty places than a damaged coin in a slot.
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T-BOP's Avatar
United States
18456 Posts
 Posted 12/14/2021  09:34 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
I believe the majority rules . Don't Do It !
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kanga's Avatar
United States
5825 Posts
 Posted 12/14/2021  09:37 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
1. Will anything less than a straight-graded coin ever be acceptable to you?
If not, pass on that coin.
(I never had to answer that question; the only one I ever encountered was graded VG-08 and I bought it.)

2. Do you reasonably anticipate ever having enough money to buy a straight graded coin?
If so, pass on that coin.
(A straight-graded VG-08 will probably cost you between $10,000 and $15,000.)
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kanga's Avatar
United States
5825 Posts
 Posted 12/14/2021  09:40 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply

Quote:
I believe the majority rules.


In this case I disagree.
I believe this has to be a personal decision.
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johnjkedel's Avatar
United States
594 Posts
 Posted 12/14/2021  11:12 am  Show Profile   Bookmark this reply Add johnjkedel to your friends list Get a Link to this Reply
Tough decision ... Personally I would pass
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Ballyhoo's Avatar
United States
1613 Posts
 Posted 12/14/2021  7:35 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
TNG nailed my dilemma. Yes, I could probably afford a straight grade VG10/F-12. But, as I said I've only seen one other since beginning this series which was in a grade with a price to match well beyond what I could spend. I appreciate the replies and suggestions. The series I'm assembling is for my sole enjoyment in grades that show use as intended while leaning on eye appeal and consistency. As for a future profit, that's not why I began collecting nor why I continue. Also, the damage is beyond what I'd consider for any other in this series but it and the 1873 cc are going to be the final pair to acquire, if at all. In conclusion, I believe I'll let the auction expire as there's no refunds if it would be beyond my acceptance in hand. But man, what a tough date to locate!
ANA member - PAN Member - BCCS Member
There are no problems only solutions - the late, great John Lennon
Edited by Ballyhoo
12/14/2021 7:41 pm
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